InvestorsHub Logo

blackngold63

12/18/22 12:44 PM

#10289 RE: Snowy_Owl #10288

Speaking of dilution......Not sure how much cash they have on hand, but at two cents a share they may have to offer shares at one penny. That means 100 million shares only raises a million dollars. You wonder how much longer they can keep the lights on. Another question is whether they have the right to sell the patents they were granted from MIT or whether they revert back to MIT. If they do revert back then there is no value to the Company and it may just fold.